9 hotels have closed in six months, 2 more in the last month- Shalva Alaverdashvili, co-founder of Georgian Hotel Federation, said at a meeting held by the Tourism Administration, while discussing the challenges facing the sector.
"In 6 months, 9 hotels have closed, in the last month- another two. Our strategy at this stage is to attract guests, prices on the platforms have been cut to a historic low.
Prices in Tbilisi hotels have fallen to the lowest level in nearly 30 years. Our strategy is to bring someone to survive and not to fire employees. "This is the reality we live in," Alaverdashvili addressed the representatives of the National Tourism Administration.
